Lido’s native token LDO has skyrocketed by more than 24% in the last 24 hours, hitting a weekly-high of $0.66 cents.
Meanwhile, Lido’s Staked Ethereum token, called stETH, appears to have grown in value with Ethereum. Both rose a little over 5% overnight with the staked version trading at $1,091 and Ethereum trading at $1,127.
The current gap between Ethereum and stETH does, however, still represent a discrepancy of roughly 3% for Lido’s staked token.
While this is significant,…
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